Dear Tokenomy Users,
We are thrilled to announce that Kyber Network (KNC), Chainlink (LINK), Synthetix Network Token (SNX), and Balancer (BAL) have been listed on Tokenomy Exchange, and Tokenomy members are now able to trade these tokens.
Supported trading pair:
About Kyber Network (KNC)
Kyber Network’s on-chain liquidity protocol allows decentralized token swaps to be integrated into any application, enabling value exchange to be performed seamlessly between all parties in the ecosystem. Tapping on the protocol, developers can build payment flows and financial apps, including instant token swap services, erc20 payments, and innovative financial DApps — helping to build a world where any token is usable anywhere.
Learn more about Kyber Network here.
About Chainlink (LINK)
Chainlink (LINK) is a decentralized oracle network which aims to connect smart contracts with data from the real world. LINK, the cryptocurrency native to the Chainlink decentralized oracle network, is used to pay node operators. Developers describe LINK as “an ERC20 token, with the additional ERC223 ‘transfer and call’ functionality of transfer (address, uint256, bytes), allowing tokens to be received and processed by contracts within a single transaction.”
Learn more about Chainlink here.
About Synthetix Network Token (SNX)
Synthetix is a derivatives liquidity protocol on Ethereum that enables the issuance and trading of synthetic assets. Each synthetic asset (or Synth) is an ERC20 token which tracks the price of an external asset; for example, each sUSD token tracks the price of the US dollar (and unlike the other synthetic assets, is fixed at 1). A wide variety of Synths exists within Synthetix, including fiat currencies, cryptocurrencies, commodities, and inverse indexes. In principle, the system can support any asset with a clear price and provides on-chain exposure to an unlimited range of real-world assets.
Learn more about Synthetix Network Token here.
About Balancer (BAL)
Balancer is an automated market maker, decentralized exchange, and liquidity pool protocol built on Ethereum that allows users to provide liquidity for multiple assets simultaneously. Balancer’s BAL token acts as a governance token to help the project set features such as issuance rewards and whitelisted pools for liquidity mining. When users trade, their orders are filled by multiple pools with better pricing and lower slippage.
Learn more about Balancer here.
What are you waiting for? Visit exchange.tokenomy.com now and start trade new DeFi tokens on Tokenomy Exchange!
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Risk warning: Tokenomy does not provide any investment, financial, accounting, valuation, tax, legal or other professional advice. All decisions to buy, sell or trade any Digital Asset using the Services are made solely by you, and you are fully responsible for all such decisions.